Saturday, April 3, 2010

Two Cop Pleas To Using Stolen Personal Information To Mortgage Home Out From Under Elderly Couple; Pocketed $65K, Left Unwitting Victims In F'closure

In Las Vegas, Nevada, the Las Vegas Sun reports:

  • Two men pleaded guilty to felony theft charges in connection with a scam in which an elderly couple’s home was mortgaged without their knowledge, Nevada Attorney General Catherine Cortez Masto’s office said []. The couple found out their home, which they owned outright, had been mortgaged when they received a foreclosure notice for not making payments, the attorney general’s office said.

  • Thomas Gentile, 56, of Las Vegas, and Justin Sabo, 30, of Huntington Beach, Calif., each pleaded guilty to one count of theft of an amount over $2,500. A third man, Julio C. Martinez, 61, of Las Vegas, pleaded guilty to a gross misdemeanor in connection with fraudulently notarizing documents that allowed Sabo and Gentile to complete the transaction, Cortez Masto’s office said.

  • The Attorney General’s Mortgage Fraud Task Force learned that between January and March last year, Sabo and Gentile fraudulently obtained personal information about the couple to obtain a $65,000 mortgage on property they owned. The man was Gentile’s former employer, the attorney general’s office said. The couple had paid cash for their home and didn’t have a mortgage, authorities said. The couple contacted the attorney general’s office when they received a notice of foreclosure for nonpayment.

For the story, see 2 plead guilty in mortgage scam with elderly victims.

For the Nevada AG press release, see Guilty Pleas In Mortgage Scam Against Senior Citizens.

No comments: